Powhatan owner looking for guidance
Spence,
You clearly have a lot of knowledge about Sunterra and its workings. I own Powhatan Plantation weak 25 4 bedroom lockout, which I bought through resale (Williamsburg Resale). I have owned for less than a year and have never used timeshare before. As soon as I owned (Oct 2005) I paid 2006 and 2007 MF, as I learned off of TUG that was a good thing to do for depositing and trading. I do not expect to use my time at Powhatan, so I will either rent it out every year and use the rent to pay for MF and to buy Last Call time through RCI; or I will deposit it and get two weeks of use time through RCI.
With your infinite wisdom, do you know approximately how much I might be able to rent a 4 bd lock out (C/D) weak 25 for? Is it better to rent it through Sunttera or is it better and cheaper to do it on my own through TUG, Redweek, etc.?
If I trade it into RCI, will I be able to get pretty good trades?
I see that you speak highly of Sunterra Club. When I bought my timeshare, the salesman begged me to never turn it into points. Of course it is mine now and it doesn’t matter what he thinks, but I assume he must have a better understanding than I do. I would hate to make a bad decision by staying out of Sunttera Club just because of what he said. Like wise I would hate to trade it in and then some how find out I lost some "power" that I would have had if it had kept it at a weak. What is your opinion? For some back ground, my wife, 7 yr old son, and I think we would prefer to have the choice of staying a weak or a day. Like wise, we are kind of the spur of the moment kind of people when it comes to vacationing. It would not be difficult for us to cash in (or save) by using last minute deals.
I think that I want to use RCI for my trading company, as they have access to many locations nationwide. It seems that I could save some money ($149) by using Sunterra Club, but it doesn’t seem that they have very many locations nationwide. I am in the Army and will be transferring and traveling all over and can not be strapped down to one area as far as my timeshare choices go.
Finally, with all of the given information, do you think I would be better off selling my Plantation ownership and just buying into Fairfield points? I bought my timeshare for $2400 with closing costs for a total of about $2700. It seems that Fairfield is Nationwide, I could buy right into points, and I wouldn’t have the $149 use fee that I do with RCI.
I appreciate all of your time and knowledge. I hope to become as familiar with timeshare as you seem to be.
Thanks,
Barton